Southeast Bank Limited SWIFT/BIC code

SEBDBDDH – the SWIFT/BIC code of Southeast Bank Limited

If an invoice shows SEBDBDDH or SEBDBDDHXXX, you are looking at the same address for Southeast Bank Limited in Bangladesh. Every bank on the SWIFT network uses these codes to route international transfers to the correct bank. It comes up mainly when dealing with transfers between countries and payments in foreign currencies.

Below we go through the practical questions: money coming in from abroad, paying someone in another country and how to check a SWIFT code before you confirm a payment. The BIC identifies a bank or branch, not a specific account.

International transfers from Southeast Bank Limited: the real cost

A bank transfer abroad can cost rather more than the fee suggests. There is the transfer fee, sometimes charges from correspondent banks along the way and, most importantly, the margin on the exchange rate if the currency changes.

That exchange rate margin tends to be the biggest item because it is hidden in the rate. Compare their rate against the mid-market rate. The difference is your real conversion cost.

For a lot of currency pairs, a specialist provider turns out to be less expensive than a traditional bank transfer. GoldexPay compares these services next to each other so you can see what actually arrives. You can still keep your account at Southeast Bank Limited as the source of the money, while a cheaper service handles the conversion.

When will the money arrive at Southeast Bank Limited?

A SWIFT payment usually needs one to a few business days. Transfers sent after the cut-off time or on a weekend or public holiday usually go out a business day later. Extra checks by one of the banks can also cause some delay, regardless of the details.

If the money seems delayed, ask the sending bank about the status. Money transfer services usually show a status in their app so you can see how far the payment has got.

If the money does not arrive within the expected time, the sender should contact the bank that sent it. On the receiving end, it helps to look at your statements to see a slightly lower amount.

Scams that use SWIFT codes

A common scam works like this: you receive a request saying that a contact now has new bank details and that the next payment should go there. A real SWIFT code tells you nothing about whether the request is genuine.

Always confirm a change of bank details through a phone call. Be suspicious of time pressure, unusual wording or an email address that differs by one letter. Already paid? Call your bank straight away and have them try to recall the payment.

Scams can also target the receiver. Someone claims to have sent too much and asks you to refund the extra via a different route. A screenshot of a transfer is no proof – check your own account.

Which of the 25 codes of Southeast Bank Limited do you need?

We have 25 SWIFT/BIC codes for Southeast Bank Limited in 5 places. Next to the head office code SEBDBDDHXXX, you will find codes for regional offices and specialised units.

Unless the recipient tells you otherwise, go with SEBDBDDHXXX. A branch code only makes sense if the account holder specifically mentions it.

The safest route is to copy the code straight from the account holder’s statement. Codes are sometimes changed or retired when banks reorganise.

What to give a sender who pays you at Southeast Bank Limited

To receive a transfer from abroad at Southeast Bank Limited, the person paying you needs more than the BIC. In practice that means: your full name exactly as it appears on the account, your account number or IBAN, the BIC SEBDBDDHXXX (or SEBDBDDH) and usually your postal address.

Their bank might also ask for the address of your bank; the head office in Dhaka is usually fine. A mistake in your account number is harder to fix than you might think; copy them from your banking app rather than typing.

What lands in your account is often less than what was sent. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin applies. Agree with the sender who covers the fees before the money is sent.

How up to date is this code?

We gather bank codes from publicly available data and update them regularly. Still, banks merge, rename themselves or retire codes. Figures such as the number of codes come from our directory and are not confirmed by Southeast Bank Limited.

Use our data as a starting point, not as the last word – the bank details from the recipient are leading. GoldexPay is a comparison service for money transfers and not part of Southeast Bank Limited. Spotted an error? Tell us through the contact page and we will look into it.

What the XXX in SEBDBDDHXXX means

Each SWIFT/BIC code starts with an 8-character core: a four-letter bank code, two letters for the country and a two-character location code. For Southeast Bank Limited, that core is SEBDBDDH.

Many banks and apps work with either length. If a form asks for eleven characters, use SEBDBDDHXXX, otherwise SEBDBDDH is fine.

Do not add spaces or dashes when you enter SEBDBDDH; the code is always written in one block. Watch for O versus 0 and the letter I and the digit 1, a common source of typos.

Is SEBDBDDH still correct? How to check

The best place to find the correct BIC remains a document from the bank itself, such as a statement or the account details in online banking. Check it against SEBDBDDH here.

Errors in the SWIFT code are costly rather than disastrous – usually the money comes back, minus fees and time lost. An error in the IBAN or account number can be a bigger problem because it can reach the wrong person, so check that just as carefully.

A validity check in your banking app merely confirms that the code is valid. Where available, a payee name check before sending adds an extra layer of safety. Sending a small amount first can be a sensible step for large sums despite the extra fee.